The vast majority of fleets purchase vehicles outright and then dispose of the assets privately once they have no more uses vehicles, a study has revealed. According to RAM Tracking’s Vehicle Buying Survey 2022, just 41% of fleets said they defy fleet conventions and purchase vehicles outright. The second most popular method of funding vehicles is via a leasing company and the third most popular … [Read more...]
Tolls to replace lost fuel duties and taxes
Road tolls are back on the Government's agenda. The fleet sector needs to start having a constructive discussion about the likelihood of road charging being introduced in the future and the kind of scheme it would like to see, says FleetCheck. Peter Golding, managing director at the fleet software specialist, said that the rapid growth in electric vehicles expected over the next few years – and … [Read more...]
Newslines 15 July
Mercedes-Benz will continue holding a stake in Aston Martin through an investment fund. Aston Martin said today it was looking to raise £653 million pounds through a right issue to shareholders, bringing in Saudi Arabia's sovereign wealth fund as its second-largest shareholder after the Lawrence Stroll controlled Yew Tree Consortium and Mercedes-Benz AG will together invest £335 million pounds … [Read more...]
Knowing how long an EV battery will last before it’s made
Testing the lifespan of new electric vehicle battery designs could be made four-times quicker by a new streamlined process, researchers at the University of Michigan (UM) have claimed and reported by the Institute of Mechanical Engineers. The new ‘optimisation framework’ developed by the team could also reduce the cost of assessments for new designs, they said. "The goal is to design a better … [Read more...]
Tradelines 6 July
Following the overwhelming success of its award-winning all-electric urban EV, Honda has unveiled a new Honda e Limited Edition, offering unique exterior styling for enhanced stand-out individuality. On sale from £38,120.00 OTR, the Honda e Limited Edition is based on the Advance Grade and is available for the first time in Premium Crystal Red paint with a host of contrasting black accents while … [Read more...]
EV savings partly offset rising living costs
The take home salary boost available to employees who are able to switch from a petrol or diesel to an electric company car could help counteract cost of living pressures for them, Arval UK is reporting. Joel Lund, who was appointed as Commercial Director in March, said that for a 20% tax payer with access to an electric vehicle (EV) via a company car scheme, the saving in benefit in kind tax … [Read more...]
Wales lagging in ev sales and bucks the UK trend
New UK electric car sales data shows the government’s ambitions for the electric vehicle transition doesn’t go far enough and Wales lags behind other parts of Britain. For the second month in a row, EVs were the only fuel type to grow the number of new cars registered and the share of the market. EVs now represent 1 in 6 of all new vehicle registrations, with demand being driven by EV’s now … [Read more...]
Energy costs crippling UK automotive sector
British automotive manufacturers are calling for urgent action on spiralling costs as new analysis from the Society of Motor Manufacturers and Traders reveals firms face a £90 million uplift in energy bills this year – equivalent to more than 2,500 automotive jobs – as costs surge by 50%. UK electricity prices are the most expensive of any European automotive manufacturing country and 59% higher … [Read more...]
Newslines 1 July
The bus industry in Wales will receive a support package worth £48m to help recover from the impact of the pandemic and deal with emerging financial challenges, the Welsh Government has announced. The Bus Emergency package will provide ‘gap funding’ until the end of this financial year for bus operators to maintain the necessary bus services and routes in their area, in return for greater … [Read more...]
Automotive business ponders new site in Ebbw Vale
The Welsh Government is investing £8.5 million in new industrial space in Blaenau Gwent aimed at attracting businesses to the area, Economy Minister Vaughan Gething has announced. A 50,000 sq ft industrial unit will be built at Rhyd y Blew, Ebbw Vale, in the Tech Valleys area. The modern building will form the first phase of a wider site masterplan, and help satisfy huge demand for such … [Read more...]
- « Previous Page
- 1
- …
- 22
- 23
- 24
- 25
- 26
- …
- 58
- Next Page »